FRAKT Consultants

Fractional Clout, Capability, and Compliance.

Innovation Strategy

How does our organisation invest in long-term projects?

Our organisation invests sufficiently in projects with a long-term horizon, allocating adequate funds and resources to initiatives that require time to deliver benefits, rather than prioritising only immediate results. Understanding Long-Term Investment Strategies Investing in long-term projects is crucial for sustainable growth and success. These investments often require patience, as the returns may not be […]

How do innovations impact our entire business model?

Innovations are not only focused on new products but also encompass our entire business model. This means that when we discuss innovation, we consider how every aspect of our operations works, from service delivery to customer engagement, aiming for comprehensive improvements rather than merely adding new features. Understanding Innovation Beyond Products Innovation is often associated […]

How can future innovations disrupt our industry?

Understanding future innovations is crucial for any industry, as emerging technologies and ideas can significantly alter operational methods and market dynamics. Staying informed about these disruptions enables businesses to adapt, innovate, and maintain a competitive edge. The Importance of Recognising Future Innovations In today’s fast-paced business environment, the ability to identify and adapt to future […]

What Does It Mean to Have Well-Defined and Ambitious Innovation Targets?

Having well-defined and ambitious innovation targets means setting clear, challenging goals for new ideas and improvements that drive progress and growth within an organisation. These targets guide strategic planning and motivate teams to pursue innovative solutions actively. Understanding Innovation Targets Innovation targets are specific goals that organisations set to foster creativity and advancement. These targets […]

What Does a Clearly Defined Innovation Strategy and Roadmap Mean?

A clearly defined and documented innovation strategy and roadmap means that our plans for new ideas and improvements are easy to understand and well recorded, ensuring that everyone is aware of our goals and the steps we intend to take to achieve them. Understanding Innovation Strategy Innovation strategy refers to the structured approach that an […]

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